Sanctuary Advisors LLC Has $577,000 Stock Position in Warrior Met Coal, Inc. (NYSE:HCC)

Sanctuary Advisors LLC increased its holdings in shares of Warrior Met Coal, Inc. (NYSE:HCC) by 2.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,800 shares of the company’s stock after purchasing an additional 276 shares during the quarter. Sanctuary Advisors LLC’s holdings in Warrior Met Coal were worth $577,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of HCC. Blue Trust Inc. lifted its position in shares of Warrior Met Coal by 48.5% during the 3rd quarter. Blue Trust Inc. now owns 551 shares of the company’s stock valued at $35,000 after acquiring an additional 180 shares during the period. FNY Investment Advisers LLC acquired a new position in Warrior Met Coal in the fourth quarter valued at about $43,000. GAMMA Investing LLC lifted its position in Warrior Met Coal by 56.7% during the fourth quarter. GAMMA Investing LLC now owns 989 shares of the company’s stock worth $54,000 after purchasing an additional 358 shares during the period. KBC Group NV grew its stake in Warrior Met Coal by 29.7% during the third quarter. KBC Group NV now owns 1,711 shares of the company’s stock worth $109,000 after buying an additional 392 shares in the last quarter. Finally, Crossmark Global Holdings Inc. bought a new position in Warrior Met Coal in the 3rd quarter valued at about $204,000. Institutional investors own 92.28% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HCC shares. Jefferies Financial Group cut their price target on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a report on Monday, January 6th. B. Riley cut their target price on Warrior Met Coal from $90.00 to $86.00 and set a “buy” rating for the company in a research note on Tuesday, February 18th. Finally, Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a report on Friday, February 14th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $74.00.

Warrior Met Coal Trading Down 3.1 %

Shares of Warrior Met Coal stock opened at $48.17 on Friday. The firm’s 50 day moving average is $52.84 and its 200 day moving average is $58.92. The firm has a market capitalization of $2.53 billion, a PE ratio of 10.06 and a beta of 1.07. Warrior Met Coal, Inc. has a 1 year low of $45.94 and a 1 year high of $75.53. The company has a current ratio of 5.20, a quick ratio of 3.99 and a debt-to-equity ratio of 0.09.

Warrior Met Coal (NYSE:HCC) last issued its earnings results on Thursday, February 13th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.34). The company had revenue of $297.47 million during the quarter, compared to analyst estimates of $331.70 million. Warrior Met Coal had a net margin of 16.43% and a return on equity of 12.56%. Equities research analysts forecast that Warrior Met Coal, Inc. will post 4.86 earnings per share for the current fiscal year.

Warrior Met Coal Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Monday, February 24th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Monday, February 24th. This represents a $0.32 dividend on an annualized basis and a yield of 0.66%. Warrior Met Coal’s payout ratio is presently 6.68%.

Warrior Met Coal Profile

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.